A spokesperson has confirmed that Suri is not launching her own clothing range despite rumours that she has clinched a deal worth USD 2.3 million, reported a website.

It was reported that her mother Katie Holmes will be her business partner. A representative of the family has stated the rumour "isn't true".

Previously, it was claimed that the new line would be named Suri and will offer items including clothes, shoes and accessories for young girls.

"Suri is only seven but she is incredibly interested in clothes. She has been through a very difficult year and adapted amazingly to her new life in New York, including the upheaval of starting normal school," a source had earlier said.

"This is a nice hobby, it's certainly not going to take over her life. Most girls dream of being able to make their own clothes, this just means her drawings will now become a reality," the source added.